[Congressional Record (Bound Edition), Volume 151 (2005), Part 6]
[House]
[Pages 8558-8559]
[From the U.S. Government Publishing Office, www.gpo.gov]




                            SOCIAL SECURITY

  (Mr. CANTOR asked and was given permission to address the House for 1 
minute and to revise and extend his remarks.)
  Mr. CANTOR. Mr. Speaker, Social Security is undoubtedly the sacred 
bond between the United States Government and the American people. The 
Social Security debate is one about how to best protect the interests 
of today's seniors while preserving benefits for our children and our 
grandchildren.
  When visiting citizens in my congressional district over the last 
several months, I was able to hear from students, seniors, employers 
and others about their thoughts on the problem facing the Social 
Security system. Undoubtedly, I heard the message that the Social 
Security system is headed for a crisis. In the 1930s when Social 
Security was created, there were more than 40 workers for every 
retiree. Today, there are just over three workers for every retiree. By 
2018, there will be less than three workers for every retiree. These 
are the facts. This is our reality. To ignore this problem or to claim 
that there is no problem is plain irresponsible.
  I look forward to working with my colleagues on both sides of the 
aisle to produce a solution for the American people to save our Social 
Security system.

[[Page 8559]]



                          ____________________